Axis Bank Brutal Devaluation of Atlas/Reserve/M4B/Vistara/Samsung/Flipkart/Ace/Airtel/Myzone/IOCL & Other Credit Cards

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With effect from 20th April 2024, the following changes will be applicable on your favourite axis bank credit cards.

Magnus for Burgundy - https://www.axisbank.com/docs/defau...onditions-for-magnus-burgundy-credit-card.pdf
Magnus - https://www.axisbank.com/docs/defau...rms-and-conditions-for-magnus-credit-card.pdf
Atlas - https://campaign.axisbank.com/generic/axis-atlas-credit-card-terms-and-conditions.pdf
on atlas welcome benefit has been reduced to 2500 EM . Earlier it was 5000 EM

Vistara Platinum - https://www.axisbank.com/docs/defau...nditions-for-vistara-platinum-credit-card.pdf
Select - https://www.axisbank.com/docs/defau...rms-and-conditions-for-select-credit-card.pdf
Privilege - https://campaign.axisbank.com/generic/axis-privilege-credit-card-terms-and-conditions.pdf
Flipkart - https://campaign.axisbank.com/generic/flipkart-axis-bank-credit-card-terms-and-conditions.pdf
Ace - https://campaign.axisbank.com/generic/axis-bank-ace-credit-card-terms-and-conditions.pdf
Airtel - https://campaign.axisbank.com/generic/airtel-axis-bank-credit-card-terms-and-conditions.pdf
Indian Oil - https://www.axisbank.com/docs/defau...it-cards/indian-oil-axis-bank-credit-card.pdf

Domestic Lounge - https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/dlg.pdf
Mile Transfer Program - https://campaign.axisbank.com/generic/miles-transfer-program-credit-card-terms-and-conditions.pdf

In short (what changed):

- Buy-one-Get-one free movie/non-movie ticket offer on BookMyShow will be discontinued.
- 24*7 complimentary concierge services will be discontinued (seems like no one using it).
- Complimentary airport meet & assist services reduced and/or discontinued.
- Gold/Jewelry, Govt. Services, Utilities not eligible for milestone, normal reward points - nothing.
- Domestic lounge access required 50,000 in previous 3 calendar months.
- and more..

For individual card related changes do refer respective pdfs.

 

[varun__goel_]

Aur rotation maaro bhaio, khatam hi kar do Axis ka kissa...

 

[ccdc]

I prefer ordering myself, and taking take out from my usual restaurants. This way, I save a lot more on my food orders.
It's rare that I pay 30-50% inflated price on Swiggy/Zomato.

yes i also have stopped ordering on swiggy/zomato......all restaurants have inflated menu prices by atleast 15%-20%....i just call the restaurent and order if it's near me i go and get myself....all these convinience apps are like drugs....first they hook you onto them...then they unload all the dogs***

 

[anilkrsh]

Looks like someone wanted first mover advantage in creating a thread!! Ateast the first post should have all devaluation details!!

 

[Zacobite]

I'm throughly pissed with Axis now

,was considering renewing Magnus for Lounge , Meet & Greet ,Guest access

But now ,it's all gone to hell

Will cancel before renewing

Axis Dil se Dhakkan.. Fees haven't reduced for any card.. they think customers are fools..

 

[NShah]

Let me name this

Devaluation of the century ✅

Privilege aslo devalued 🤣🤣

 

[kj61]

Just got an SMS from Axis Bank for devaluation starting 20th April 2024
Base reward rate is now 1.5% and 50k spends in previous 3 months required for lounge access
End of an era 😢
https://campaign.axisbank.com/generic/axis-bank-ace-credit-card-terms-and-conditions.pdf

 

[BhaiyaJi]

Myzone LTF 💀

Axis might start charging "Offer fees" just like Flipkart charges during sale 🤣

 

[Vasuki]

Aur rotation maaro bhaio, khatam hi kar do Axis ka kissa...

Mara v nhi ...
Kal marunga

Is week axis ki jaan nikal dunga 🤣

 

[Anil_Singh]

WTH!!! For indian oil card spend based waiver is 3.5 lakhs. Lol 😂

Kuch din pehle main ye card lene wala tha. Axis wale kuch zyada hi bada chada ke bol rahe the is card ke bare me. Socha 50k asani se kharch ho jayenge ek saal me. Acha hua us waqt maine call disconnect kardiya. Bach gaya.

 

[Vasuki]

Privilege aslo devalued 🤣🤣

Pdf ?
Usme voucher bacha ho ..waise v uska itna he use hai

 

[Dharm]

F

This is now useless for me already had Flipkart cc which offer same cb for the purchase

Flipkart will have 1% CB from 20 apr 24

 

[MusicalMind]

I used Meet and Greet for me and guest just last week for the first time. My renewal is next month.

Better close the card now, this is now an expensive 12.5k annual fee card without basic offers like golf,hotel memberships, car rentals.

 

[howardroark]

So not to hijack the thread but what would be a good non axis alternative to magnus... Is there any other non axis card which gives complimentary airport meet and greet?

 

[sushilyadav]

Axis Atlas devalued wef 20-04-2024

 

[SSV]

Now everyone should just aim for any LTF card for offers and discounts that it.

Thats why I got my LTF Myzone today 😉

 

[BhaiyaJi]

Privilege aslo devalued 🤣🤣

Its not privileged anymore 🤣

 

[nangkong]

Just received an SMS from Axis Bank saying some of the features and T&Cs of my Flipkart Axis Bank credit card will be revised. It contained a link to a pdf file:


Any of you thinking about closing this card after this or is it not too bad?

 

[snake]

Received an email this evening notifying about curtailment of features or cashbacks. This will come into effect from 20th of April. Any other card with more benefits than this?

 

[upandey16]

Guys, I just received a message that starting 20th April, Axis Airtel Bank credit Card is getting devaluation.

Now we get 250 cashbank instead of 300 earlier.

Attaching a screenshot from Pdf for everyone's reference

 

[zaid_2913]

Yes true .. after 2 year i will push for ltf on this.
Lets see

I want to call now to cancel Select and IOCL, but I think there will be a high volume of calls. It might be better to wait a day or two.

Btw how you are sorted for 2 years?